What is the historical equity risk premium? It’s a simple question, and a crucial one. Looking at the past alone is no panacea for predicting the future, but it’s an obvious place to start. If you’re focused on making informed decisions about portfolio design and management, understanding where capital markets have been provides some useful context.
Daily Archives: October 12, 2011
Saving The Euro: Part 16-A/4.b (subsection F)
Managing a currency by popular vote every other week (or day) is water torture and almost surely doomed to fail. But with no other choice, the odyssey that is the euro rolls on, which means that the voting, the deal making, the deliberations, the polling–the rise and fall of governments–endures.